How the hell does anyone NOT know that by now? Even today there are posts on SuperStonk acting like they've just discovered a secret about it.
As someone else put it: "Stop blowing up the superstonk feed with WSB trash. But what about the apes that don't know, you might say?!?!?! Fuck them too. This is the 3rd sub for GME. Their time has passed. They're Hobbits who never left the shire. We're on the doorstep of Mt. Doom."
remember barney frank who ran a young boys prostitution ring out of his washington brownstone? remember during the 2008 "crisis" how he said everything was fine, remember his nipple address to congress? it's payback time.
The dirty little secret of the stock-market is that ALL of the exchanges that "little people" are glorified bucket-shops market-makers dump the chum and harvest your stop-limit data for resale to the HFT riggers.
TBF, you wouldn't end up with 10 or 20M per share, you'd end up with a little more than half after taxes. Yeah, it sucks.
Yes, in theory, infinite squeeze could happen, but I doubt it. The TL;DR of it is it depends on where the big institutional investors sell at that will determine the peak (IMO).
In the end, I don't think it will be ape vs. ape to see who can hold longer for infinite squeeze. There is a circuit breaker held by smart money... retail owns the float, but retail is not the biggest player in terms of shares owned. Blackrock and Ryan Cohen (RC Ventures) are. Schwab owns millions. NYS and CA retirement funds own millions. That's who apes will be fighting against.
I don't worry about HFs going bankrupt- they most surely will. The responsibility for covering those shorts now falls on the OCC and a shared pool of assets funded by all the investment banks (the Collateral Loan Program, aka "Doomsday Fund"). Last research on that put it at about 1.4 trillion before the higher contribution amounts kicked in this month. Citadel can pay out until they're near bankrupt, then call on the doomsday fund. The catch?
Doomsday fund isn't cash. It's packaged securities. Stuff retail can't take, like mortgages and stuff they don't want, like bonds for the City of Detroit that don't mature until 2040. Investment banks and funds can easily be paid that way. Or they could sell the securities on the open market, depressing the market in general and potentially causing other cascading effects.
Once they tap the lifeline, there's nothing stopping them from rerouting transactions through dark pools and netting accounts to cycle shares back through paperhanded bitches again, effectively buying the same cheap shares twice (or three times) to cover the short positions and funding it with securities useless to us. (Technically, that's illegal, it's collusion; but in order to get caught, there'd need to be hard evidence and the SEC would have to put a stop to it, I have no faith they will.)
Could we see some shares going at 7 or 8 figures? Maybe. Will we see a lot? I really doubt it. And, since Citadel is the market maker, once margin call hits (which might have happened last night), they have 35 days to cover. 35 days of weaselling and back alley deals. Buckle up, it's gonna be a fucky ride.
I think there is a mechanism to keep the money from getting routed in dark pools. There are rumors that the QFS is now in place (Simon Parkes - take it for what you will and others.) If true, this keeps the black hats from being able to hide their money any longer. I know nothing about it but found this explanation:
I will say that I never bought stock myself (husband and 401K funds did all trading for me) but I was convinced enough by what I read to be one of the ones to take a chance and if I don't get rich, at least I'll inflict pain on those rat bastards HFs who inflicted so much pain on all of us in 2008/9 and all other years.
With what Ryan Cohen is doing with Gamestop, some believe stock is currently undervalued and should be ~ $600. If he does with Gamestop what he did with Chewy, that stock is going to be worth a heck of a lot more in just a few years. Find the new Gamestop stores (images) being set up for gaming tournaments. Ryan's got big plans!
from what I've read, think bernie madoff and multiple it buy a million and you have what those fucking hedgies have been doing. no regulation and everything shorted. They got caught with their pants down. I have spare money and got into gme cheap so I'm just holding and holding. if there is a one in ten thousand chance to bring them down, then I'm in. the real short is silver by the way, buy and hodl. this is not advice
What does someones current share average have anything to do with the squeeze about to happen?
You are so out of touch with the entire GME situation, and i find it hilarious because of your self inflated ego. Stop getting your news from Jim Cramer
I think 1 million is fantasy. But for fun, lets say it reaches 1 million and everyone sells. I am not a financial expert in any way, but i would imagine that the instant pull out would collapse the dollar at that point.
It's not about getting rich. Most of the apes are already millionaires and a good amount of them are never going to see their investment again and they're totally cool with that. It's about fucking the hedge funds and shit.
I don't think casual investors are really going to affect much no matter what they do, the hedge funds can't even stop this, but at the price it is right now, I know I wouldn't be able to get my hands on many shares of GME and I could probably get a better return throwing my money at whatever is the cheapest coin on coinbase at the moment. If you want to make money I'd look elsewhere, if you want to fuck "the man", buy that shit as much as you can and hold on for the rest of your life.
The game with GME is just holding and holding and holding it doesn't matter how high it goes. The money manipulators who went short are forced to buy X amount of GME at a certain time, they were betting on the price going down, when the price goes up they still have to buy the amount they agreed to, so they get fucked when nobody sells and the price goes up, then they raise their bet to try to cover their loss and everybody holds and the price goes up and they get fucked again, So these retarded apes (pedes) just keep buying as much as they can afford at whatever price and hold on for dear life with "diamond hands" to force the shorts to buy the high price.. Some small time people like me can go for the ride and make a little money but what I buy and sell isn't going to really effect much. If the plan is to make money it is still a gamble.
If he has the Dogecoin, he has the money already unless it's through Robinhood then he has "shares" and doesn't really have control over the coins, it should be ok, but robinhood is asshoe so idk. If he owns and has control over his doge he won't have a problem getting the money, A little bit of a pain in the ass but worth it.
It's always a gamble, nothing is a sure thing. Timing plays a big role too. That $2Mn today could be $200 tomorrow,,,, or $4Mn. It's a game. Don't play with more than you're willing to lose.
"It's not about getting rich. Most of the apes are already millionaires and a good amount of them are never going to see their investment again and they're totally cool with that. It's about fucking the hedge funds and shit."
--Almost every sentence of that represents a tenacious evasion of reality.
"It's not about getting rich." --Bull. I can't go a day in this forum without tripping over another pump-weasel thread stuffed full of rubes who "bought another share" eagerly anticipating the moon-shot.
"Most of the apes are already millionaires" --Every trader is a millionaire on the internet. Only their broker knows for sure.
"a good amount of them are never going to see their investment again and they're totally cool with that." --Traders with that attitude are not millionaires, and never will be.
It's about fucking the hedge funds and shit." --Just sit back and marvel at the elocution of this statement: "fucking the hedge funds and shit".
You talk like a 25yo (which means you talk like 15yo did twenty years ago).
It does not mean anyone with a share will become millionnaire. It only means that a person at that point, who is desperate to buy the share, will have to shell out a million dollars if they really want to buy it. Chances are, most of these short positions will be well beyond bankrupt long before that.
Out of their ass....such nonsense. I remember a couple months ago when everyone got all excited and claimed “it will be at 10,000 by the end of next week”....NOT even close. It’s fun to be optimistic but 10 Million per share....as Biden would say CMON MAN
No, they can not 'all' be paid, a default will occur. For every seller there must be a buyer, are you gonna be a buyer at the current prices for 'that' stonk?
They'll be told their stonk is worthless or told they will accept 2 cents on the dollar or some such, after lawyers and bankruptcy courts and bank/stock house failures.
The idea isn't that everyone becomes millionaires, it is to force the hedge funds/bankers/fraudsters into default.
Just remember to sell after the peak, not before.
You will see all the big sell prices twice. Once on the way up, then again on the way down.
Take deep breaths and wait for the peak (could take days), then sell on the way down.
Xxx shareholder here. Stay away from Wall Street bets on Reddit. They have been taken over by citadel. Buy and HODL
How the hell does anyone NOT know that by now? Even today there are posts on SuperStonk acting like they've just discovered a secret about it.
As someone else put it: "Stop blowing up the superstonk feed with WSB trash. But what about the apes that don't know, you might say?!?!?! Fuck them too. This is the 3rd sub for GME. Their time has passed. They're Hobbits who never left the shire. We're on the doorstep of Mt. Doom."
remember barney frank who ran a young boys prostitution ring out of his washington brownstone? remember during the 2008 "crisis" how he said everything was fine, remember his nipple address to congress? it's payback time.
most have left robinhood because you don't own the stock just paper I think.
The dirty little secret of the stock-market is that ALL of the exchanges that "little people" are glorified bucket-shops market-makers dump the chum and harvest your stop-limit data for resale to the HFT riggers.
TBF, you wouldn't end up with 10 or 20M per share, you'd end up with a little more than half after taxes. Yeah, it sucks.
Yes, in theory, infinite squeeze could happen, but I doubt it. The TL;DR of it is it depends on where the big institutional investors sell at that will determine the peak (IMO).
In the end, I don't think it will be ape vs. ape to see who can hold longer for infinite squeeze. There is a circuit breaker held by smart money... retail owns the float, but retail is not the biggest player in terms of shares owned. Blackrock and Ryan Cohen (RC Ventures) are. Schwab owns millions. NYS and CA retirement funds own millions. That's who apes will be fighting against.
I don't worry about HFs going bankrupt- they most surely will. The responsibility for covering those shorts now falls on the OCC and a shared pool of assets funded by all the investment banks (the Collateral Loan Program, aka "Doomsday Fund"). Last research on that put it at about 1.4 trillion before the higher contribution amounts kicked in this month. Citadel can pay out until they're near bankrupt, then call on the doomsday fund. The catch?
Doomsday fund isn't cash. It's packaged securities. Stuff retail can't take, like mortgages and stuff they don't want, like bonds for the City of Detroit that don't mature until 2040. Investment banks and funds can easily be paid that way. Or they could sell the securities on the open market, depressing the market in general and potentially causing other cascading effects.
Once they tap the lifeline, there's nothing stopping them from rerouting transactions through dark pools and netting accounts to cycle shares back through paperhanded bitches again, effectively buying the same cheap shares twice (or three times) to cover the short positions and funding it with securities useless to us. (Technically, that's illegal, it's collusion; but in order to get caught, there'd need to be hard evidence and the SEC would have to put a stop to it, I have no faith they will.)
Could we see some shares going at 7 or 8 figures? Maybe. Will we see a lot? I really doubt it. And, since Citadel is the market maker, once margin call hits (which might have happened last night), they have 35 days to cover. 35 days of weaselling and back alley deals. Buckle up, it's gonna be a fucky ride.
I think there is a mechanism to keep the money from getting routed in dark pools. There are rumors that the QFS is now in place (Simon Parkes - take it for what you will and others.) If true, this keeps the black hats from being able to hide their money any longer. I know nothing about it but found this explanation:
https://dinarrecaps.com/our-blog/quantum-financial-system-explained
I found these two links very helpful in understanding everything early on:
https://twitter.com/TheHoustonWade/status/1367743123279867909?s=20
https://www.youtube.com/watch?v=4EUbJcGoYQ4
I will say that I never bought stock myself (husband and 401K funds did all trading for me) but I was convinced enough by what I read to be one of the ones to take a chance and if I don't get rich, at least I'll inflict pain on those rat bastards HFs who inflicted so much pain on all of us in 2008/9 and all other years.
With what Ryan Cohen is doing with Gamestop, some believe stock is currently undervalued and should be ~ $600. If he does with Gamestop what he did with Chewy, that stock is going to be worth a heck of a lot more in just a few years. Find the new Gamestop stores (images) being set up for gaming tournaments. Ryan's got big plans!
A fool and his money are soon parted. There is no shortcut to prosperity.
you don't know what the fucking hedgies have been doing.
He made a general comment to no one in particular, and was greeted with an immediate F-bomb.
So...what's your current average loss per share in your upsidedown GME position?
from what I've read, think bernie madoff and multiple it buy a million and you have what those fucking hedgies have been doing. no regulation and everything shorted. They got caught with their pants down. I have spare money and got into gme cheap so I'm just holding and holding. if there is a one in ten thousand chance to bring them down, then I'm in. the real short is silver by the way, buy and hodl. this is not advice
What does someones current share average have anything to do with the squeeze about to happen?
You are so out of touch with the entire GME situation, and i find it hilarious because of your self inflated ego. Stop getting your news from Jim Cramer
All of my positions are in the green. Why do you assume that everyone bought in at the last peak and not when it dropped back to $40?
Because all the pump posts appear when it's up, not on a low flat.
also wrong think.
I think 1 million is fantasy. But for fun, lets say it reaches 1 million and everyone sells. I am not a financial expert in any way, but i would imagine that the instant pull out would collapse the dollar at that point.
It's not about getting rich. Most of the apes are already millionaires and a good amount of them are never going to see their investment again and they're totally cool with that. It's about fucking the hedge funds and shit.
I don't think casual investors are really going to affect much no matter what they do, the hedge funds can't even stop this, but at the price it is right now, I know I wouldn't be able to get my hands on many shares of GME and I could probably get a better return throwing my money at whatever is the cheapest coin on coinbase at the moment. If you want to make money I'd look elsewhere, if you want to fuck "the man", buy that shit as much as you can and hold on for the rest of your life.
This is not financial advice. I'm a retard.
Expand on that. I had a difficult time explaining to my friend. My thoughts are when they actually do go to sell if will be difficult.
My friend is super excited about Doge crypto. And is looking at 2 million. How likely is it they will get that money?
The game with GME is just holding and holding and holding it doesn't matter how high it goes. The money manipulators who went short are forced to buy X amount of GME at a certain time, they were betting on the price going down, when the price goes up they still have to buy the amount they agreed to, so they get fucked when nobody sells and the price goes up, then they raise their bet to try to cover their loss and everybody holds and the price goes up and they get fucked again, So these retarded apes (pedes) just keep buying as much as they can afford at whatever price and hold on for dear life with "diamond hands" to force the shorts to buy the high price.. Some small time people like me can go for the ride and make a little money but what I buy and sell isn't going to really effect much. If the plan is to make money it is still a gamble.
If he has the Dogecoin, he has the money already unless it's through Robinhood then he has "shares" and doesn't really have control over the coins, it should be ok, but robinhood is asshoe so idk. If he owns and has control over his doge he won't have a problem getting the money, A little bit of a pain in the ass but worth it.
It's always a gamble, nothing is a sure thing. Timing plays a big role too. That $2Mn today could be $200 tomorrow,,,, or $4Mn. It's a game. Don't play with more than you're willing to lose.
I hope that makes sense
"It's not about getting rich. Most of the apes are already millionaires and a good amount of them are never going to see their investment again and they're totally cool with that. It's about fucking the hedge funds and shit."
--Almost every sentence of that represents a tenacious evasion of reality.
"It's not about getting rich." --Bull. I can't go a day in this forum without tripping over another pump-weasel thread stuffed full of rubes who "bought another share" eagerly anticipating the moon-shot.
"Most of the apes are already millionaires" --Every trader is a millionaire on the internet. Only their broker knows for sure.
"a good amount of them are never going to see their investment again and they're totally cool with that." --Traders with that attitude are not millionaires, and never will be.
It's about fucking the hedge funds and shit." --Just sit back and marvel at the elocution of this statement: "fucking the hedge funds and shit".
You talk like a 25yo (which means you talk like 15yo did twenty years ago).
Poor troll. Are you hungry?
wsbets.win
It does not mean anyone with a share will become millionnaire. It only means that a person at that point, who is desperate to buy the share, will have to shell out a million dollars if they really want to buy it. Chances are, most of these short positions will be well beyond bankrupt long before that.
Where'd people pull 10-20 mill A SHARE from?
Isnt it around 155 now?
Yeah it's $155 a share now, but there is a squeeze that is going to drive the price way up!
Out of their ass....such nonsense. I remember a couple months ago when everyone got all excited and claimed “it will be at 10,000 by the end of next week”....NOT even close. It’s fun to be optimistic but 10 Million per share....as Biden would say CMON MAN
lol let’s Revisit your statement in a few months. Saving this nugget
No, they can not 'all' be paid, a default will occur. For every seller there must be a buyer, are you gonna be a buyer at the current prices for 'that' stonk?
They'll be told their stonk is worthless or told they will accept 2 cents on the dollar or some such, after lawyers and bankruptcy courts and bank/stock house failures.
The idea isn't that everyone becomes millionaires, it is to force the hedge funds/bankers/fraudsters into default.
https://files.catbox.moe/4vq62t.jpeg
As long as America wins I'm good with whatever